Bare ActsThe Himachal Pradesh New Mandi Townships (Development and Regulation) Act 1973

Section 14

Forfeiture for breach of conditions of transfer

Amendment status not verified — confirm the current text below against the official source.

Forfeiture for breach of conditions of transfer.- (1) Notwithstanding anything contained in any other law for the time being in force, the Administrator may resume anysite or building if the transferee or occupier persistently fail to use such site or building for the purpose for which it is sold, leased or transferred or fails to build upon the site within the period allowed or fails to pay the sale price or lease money of such site or building due under this Act or the rules made thereunder. THE HIMACHAL PRADESH NEW MANDl TOWNSHIPS (DEVELOPMENT 7 AND REGULATIONS) ACT, 1973 (2) In the event of such resumption of any site or building, any money paid or deposited in respect of such site or building may also be forfeited: Provided that no order of resumption or forfeiture of money shall be passed under this section without affording the defaulter an opportunity to show cause against it. (3) The resumed site or building as the case may be, may be resold by auction and any loss resulting from such re-sale which isnot covered by the amount forfeited under sub-section (2), shall be recoverable as arrears of land revenue from such defaulter.

Section 14 – The Himachal Pradesh New Mandi Townships (Development and Regulation) Act 1973 | DailyLaw.ai